Producer surplus in monopoly is smaller than it is in the same industry operating under perfect competition.

Name: Producer surplus in monopoly is smaller than it is in the same industry operating under perfect competition.
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In a monopoly, the producer surplus is typically larger because the monopolist can set prices above marginal costs, capturing more surplus than in a perfectly competitive market where prices are driven down to marginal costs, leaving less surplus for producers.

Producer Surplus in Monopoly Is Smaller Than It Is in the Same